1-bed · 726 sqftConcept 7 Residences, Jumeirah Village Circle (JVC) · 7th floor · completed 2024

706, Concept 7 Residences

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 1.05M27 October 2023
Current rentAED 75K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Concept 7 Residences

What is 706 worth today?

Last sold for AED 1,047,344 in 2023

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28 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
27 Oct 2023Sold by developerOff-plan
AED 1,047,344AED 1,442 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
7th of 10
Parking
1
Developer
Condor Concept 7 Real Estate Development
Completed
2024
Last sold
AED 1.05M · October 2023

About 706, Concept 7 Residences

706 is a one-bedroom apartment of 726 sqft on the 7th floor of Concept 7 Residences, a 10-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Condor Concept 7 Real Estate Development . The developer sold it on 27 October 2023 for AED 1,047,344, or AED 1,442 per sqft, 20% above the AED 1,199 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2025. The current contract, signed on 28 August 2025, is AED 75,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Concept 7 Residences
1M20232024202520262027Typical sale price by year: 2023 AED 883,292; 2024 AED 1,037,455; 2025 AED 1,117,500; 2026 AED 1,100,000Sold by developer, October 2023: AED 1,047,344 (AED 1,442 per sqft)

706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Concept 7 Residences
75K80K202520262027Typical rent by year: 2025 AED 82,000; 2026 AED 74,000New contract, August 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Concept 7 Residences, and where 706 sits

All 118 1-beds →

706 last sold in October 2023 at AED 1,442 per sqft, 20% above what one-beds in Concept 7 Residences were fetching at the time (AED 1,199). Over the last 12 months one-beds sold for AED 930,000 to 1,246,420, around AED 1,572 per sqft, and rent for AED 55,000 to 90,000 a year. 706's AED 75,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,246,420
15 Jul 2026930,000
2 Jul 2026930,000
11 Jun 20261,170,000
10 1-bed sales in the last 12 months

Concept 7 Residences

Building

159 apartments, studios to 2-bed over 10 floors in Jumeirah Village Circle (JVC), completed in 2024 by Condor Concept 7 Real Estate Development . 17 sold in the last 12 months.

Typical price per sqft
AED 1,658 Up 4.0%
Typical sale
AED 1.11M
Typical rent
AED 73K /yr
Typical yield
6.3%
Concept 7 Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 7th floor

All 159 units in Concept 7 Residences
Value
7012-bedAED 2.18M · Mar 2026
7021-bedAED 874K · Oct 2023
7031-bedAED 869K · Mar 2024
7041-bedAED 866K · Mar 2024
7051-bedAED 1.15M · Apr 2024
7071-bedAED 1.22M · Feb 2024
708StudioAED 502K · Aug 2023
1–7 of 16

706, Concept 7 Residences in numbers

  • Sold once: by Condor Concept 7 Real Estate Development on 27 October 2023 for AED 1,047,344, or AED 1,442 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.2%.
  • One-beds in Concept 7 Residences sold for AED 930,000–1,246,420 in the 12 months to November 2026; the building's median across all types is AED 1,658 per sqft.

Source: Dubai Land Department. Updated 28 August 2025.

Questions about 706, Concept 7 Residences

What did unit 706 last sell for?

AED 1,047,344 on 27 October 2023, sold by the developer: AED 1,442 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 75,000 a year on the contract signed on 28 August 2025.

How big is unit 706?

726 sqft (67.4 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2024.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Concept 7 Residences sold for AED 930,000 to 1,246,420 in the last 12 months, around AED 1,572 per sqft.

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Mortgage on 706, Concept 7 Residences

Starts from the last sale price (AED 1.05M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,344
Deposit, UAE resident (20%)
AED 209,469
Deposit, non-resident (40%)
AED 418,938
Monthly over 25 years at 3.7%
AED 4,285

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →